Mumbai, Dec. 19 -- The stock listed at Rs 110, a 25% premium to the IPO price, and is currently frozen at its lower limit of 5% over the listing price. It touched a high of Rs 114.50 and a low of Rs 104.50, with 22.43 lakh shares traded on the exchange.

Exim Routes' IPO was subscribed 14.22 times. The issue opened for bidding on 12 December 2025 and it closed on 16 December 2025. The price band of the IPO was fixed between Rs 83 to Rs 88 per share.

The IPO comprised fresh issue of 49,69,600 equity shares. The promoter and promoter group shareholding diluted to 52.44% from 71.35% pre-issue.

The company intends to utilize the net proceeds to meet the expenses for development and maintenance of the ERIS platform, to meet the expenses for ...